How does a transaction get into the blockchain?

A transaction is requested and authenticated
A block representing that transaction is created
The block is sent to every node (i.e. participant) in the network
Nodes validate the transaction
Nodes receive a reward for Proof of Work, typically in cryptocurrency
The block is added to the existing blockchain
The update is distributed across the network
The transaction is complete
​

Smart Contract

Next - Tokenomics

Token Information

Last modified 8mo ago

Copy link